Market Signals Drive Zinc Futures Correction.webp

New Delhi, March 20 Zinc prices fell by 5 paise to Rs 307 per kg in futures trading on Friday, as speculators reduced their exposure, driven by negative signals from the spot market.

On the Multi Commodity Exchange, zinc contracts for April delivery declined by 5 paise, or 0.02 percent, to Rs 307 per kilogram in a trading volume of 480 lots.

Analysts said that the reduction in positions by participants, due to reduced demand from consuming industries in the physical market, primarily influenced zinc prices.
 
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april delivery commodity prices consuming industries demand futures trading india market trading multi commodity exchange new delhi speculation spot market zinc zinc prices
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